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Description

• Status: Available
• Type: Commercial

• Ownership: Freehold
• Occupation: Tenanted

• Rateable Value: Search

PRIME TENANTED INVESTMENT PROPERTY*** SUBSTANTIAL sized unit LET to Chest Heart and Stroke Association located within Inverurie TOWN CENTRE. ***IMMEDIATE RETURN ON INVESTMENT***

EXCELLENT INVESTMENT OPPORTUNITY*** Currently LET to Chest Heart and Stroke Association from 21/03/2020 until 21/03/2030 at £35,000 Per Annum with a rent increase to £38,000 PER ANNUM from 21/03/2025.

PRIME SPOT ON BUSY STREET*** High volumes of passing trade.

SUPER SIZE AND LOCATION*** Nearby occupiers include Bank of Scotland, Dominos, Farmfoods, New Look and Poundland.

Inverurie is a popular town which offers easy access to Aberdeen by the A96 and its has easy access to Shops, restaurants, bars, bus routes and a train station.

PRIME TENANTED INVESTMENT PROPERTY*** SUBSTANTIAL sized unit LET to Chest Heart and Stroke Association located within Inverurie TOWN CENTRE. ***IMMEDIATE RETURN ON INVESTMENT*** EXCELLENT INVESTMENT OPPORTUNITY*** Currently LET to Chest Heart and Stroke Association from 21/03/2020 until 21/03/2030 at £35,000 Per Annum with a rent increase to £38,000 PER ANNUM from 21/03/2025. PRIME SPOT ON BUSY STREET*** High volumes of passing trade. SUPER SIZE AND LOCATION*** Nearby occupiers include Bank of Scotland, Dominos, Farmfoods, New Look and Poundland.

Inverurie is a vibrant market town and a popular commuter town with a railway station allowing frequent services to Aberdeen and beyond.

Full Address:  North Street, Inverurie, AB51 4RJ

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Tenancy Details

Type of Agreement: Basic Lease
Length: until 21/03/30
Rent: £35,000 per year / £2,917 per month
Yield: 9% (approx)
Tenant: Private Individual
Notes:

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Pricing Information & Bidding

Opening Bid: £396,000

What is an Opening Bid? This property is entered into an online auction where the bidding will start or open at the above price. Unless specified all properties are subject to a Reserve (minimum acceptable price).

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Offer Now... You may submit an offer now on this property for the owner to consider. If they are will are willing to sell you the property now then it is a matter of making the required deposit payment to secure the purchase. Complete our ONLINE OFFER FORM now to put your offer forward to the sellers.

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SPECIAL Terms of Sale

• 10% Deposit
• Buyers Fee = 3% of Sale Price (Minimum £3,250 + vat)
• 4 Weeks Completion or Longer By Agreement
• Contribution to Sellers Costs £1,750 for on time settlement

VIEW THE GENERAL TERMS OF SALE which are superseded by any special conditions detailed above.

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Buy Now Price = £440,000

Please use our BUY NOW form to secure this property now. Once you submit the form we will send you an invoice and payment details so you can make the necessary deposit payment to proceed with the purchase.

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Auction Details

Date & Time: 16 May 2024, 10am-3pm
Type: Timed Online Auction

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